Did you know that one kilogram of hydrogen has roughly the same energy content as one gallon of gasoline, and yet when burnt, it only emits water? In other words, the combustion of hydrogen is 100% without any carbon emission. When the hydrogen is obtained from the reforming of natural gas, and its carbon emission is captured, stored and/or utilized (CCSU) we refer to it as … [Read more...] about Will hydrogen development in Latin America and the Caribbean be color blind?
There is an urgent need in Latin America and the Caribbean (LAC) to cut down black carbon emissions. In 2012, one fifth of the 4.3 million deaths in the world related to the use of solid fuels for cooking or heating, either caused by health issues or accidents, were in LAC. Estimates show that if no action is taken to improve air quality, annual premature mortality from PM2.5- … [Read more...] about The Urgent Need to ‘Clear up the Smoke’ through Clean Cooking Programs
This year’s Nobel Prize winners in economics were two economists from Stanford University. Robert Wilson and Paul Milgrom improved upon the auction theory and developed new modalities of auctions, thereby opening novel options to improve market efficiency and appropriate resource allocation. Robert Wilson was the first to create a framework for analyzing auctions in order … [Read more...] about Auctions: From the 2020 Nobel Prize for Economics to the Success of Renewables’ Investment
Among the different impacts of COVID-19 on the energy sector, we have seen a strong impact on prices around the world. For instance, the European power market has experienced record negative prices. The electricity prices depend on the market design and also on structural and conjunctural variables. Understanding how prices are reacting is important for a better understanding … [Read more...] about Electricity prices: the heterogeneous impact of COVID-19 on LAC markets
Since the pandemic started the Energy division has been monitoring the evolution of the electricity demand and comparing it to the regular patters that were consumed the last year. After implementing different measures of social distancing in different countries, electricity consumption has reduced to different degrees. Monitoring this evolution is important both at sectorial … [Read more...] about Energy Consumption, a Gaze to the Industrial Production Reduction